v3.24.1.u1
INCOME TAX -Deferred income tax (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Deferred tax assets:        
Net operating losses carryforwards $ 186,642 $ 78,971    
Accrued expenses 22,664 23,271    
Deferral of tax deduction of R&D expenses 308,850 263,384    
Operating lease liabilities 31,633 29,201    
Exchangeable notes 5,061 3,532    
Mandatorily redeemable noncontrolling interest   1,463    
Convertible notes 3,620 1,289    
Deferral of tax deduction of advertising expenses 10,054 6,404    
Property, equipment and software 2,908 364    
Equity investments 843 667    
Deferred revenue 19,102 1,619    
Total gross deferred tax assets 591,377 410,165    
Valuation allowance on deferred tax assets (390,737) (202,715) $ (32,914) $ (3,130)
Deferred tax assets, net of valuation allowance 200,640 207,450    
Deferred tax liabilities:        
Property, equipment and software (3,430) (285)    
Derivative asset (17)      
Government grants (155,717) (178,090)    
Operating lease right-of-use assets (41,476) (29,201)    
Total deferred tax liabilities $ (200,640) (207,576)    
Net deferred tax liabilities   (126)    
Deferred tax liabilities   (126)    
Net deferred tax liabilities   $ 126